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Tokenomics
- Token Symbol: RIFI
- Total Supply: 500,000,000 RIFI
- Hardcap: $6,200,000
- Strategic Sale: $1,200,000
- Private Sale: $4,400,000
- Influencer Sale: $400,000
- Public Sale: $200,000
- Initial Market Cap: $2,360,000
- Initial Circulating Supply: 23,600,000 RIFI
Table 1. Token Allocation | Total Supply | 500,000,000 RIFI |
|---|---|---|
| % | # Token |
Strategic Sale | 4 | 20,000,000 RIFI |
Private Sale | 11 | 55,000,000 RIFI |
Influencer Sale | 0.8 | 4,000,000 RIFI |
Team & Advisor | 12 | 60,000,000 RIFI |
Ecosystem | 8 | 40,000,000 RIFI |
Liquidity Mining | 30 | 150,000,000 RIFI |
Foundation | 25 | 125,000,000 RIFI |
Marketing | 8.8 | 44,000,000 RIFI |
Public Sale | 0.4 | 2,000,000 RIFI |
Sum | 100 | 500,000,000 RIFI |
Rikkei Finance Tokenomics highlight a strong commitment and focus for the long term development. The token release schedule is extended until 2027, with a release curve designed to avoid supply shocks and make the release of tokens gradual over time.
Rikkei Finance’s native utility token, the RIFI token, will perform a crucial role in the functioning of the Rikkei Finance ecosystem. The RIFI token is expected to have multiple utilities:
As the native platform currency, RIFI would be used by users to pay for all fees on the platform.
RIFI would allow holders to propose, debate and vote on governance proposals to determine features and/or parameters of the Rikkei Finance platform as well as protocol improvements, with voting weight calculated in proportion to the tokens staked.
In order to promote users to play the role of liquidity providers and stake their digital assets into the lending pools for borrowers to utilize, liquidity providers would be rewarded with RIFI tokens according to each user's relative contribution after various adjustment and correction parameters.
Similarly, in order to foster the usage of the platform amongst borrowers with liquidity requirements, borrowers would also receive RIFI rewards for using the services of the lending pools.
RIFI is the governance token for all Rikkei Finance's sub products like RiFi United. RiFi United's treasury to be allocated to RiFi stakers: As the game progresses, a part of RU's revenue stemmed from sold NFT boxes, market fees, and in-game transactions will be allocated to RIFI stakers' payout.
Last modified 1yr ago